Nonperforming Loans definition

Nonperforming Loans means the sum of (a) nonaccrual loans and lease financing receivables, (b) loans and lease financing receivables that are contractually past due 90 days or more as to interest or principal and are still accruing interest and (c) loans for which the terms have been modified due to a deterioration in the financial position of the borrower (determined in accordance with, and as set forth on, Borrower’s FR Report Y-9C).
Nonperforming Loans has the meaning ascribed to such term in Section 7.4.
Nonperforming Loans means the sum of all non-accrual loans and loans on which any payment is ninety (90) or more days past due but which continue to accrue interest, but excluding any troubled debt restructurings (so long as any such troubled debt restructurings continue to accrue interest), and “Allowance for Loan Losses” shall have the meaning given to that term in Section 7.3 above.

Examples of Nonperforming Loans in a sentence

  • Non-performing Loans Under guidelines issued by the Banking Bureau of Financial Supervisory Commission, the balance of loans and other credits extended by Bank SinoPac and the related accrued interest thereon are classified as non-performing when the loan is overdue and shall be authorized by a resolution passed by the board of directors.

  • Prior to the second quarter of 2021, the fair value option was typically elected only for Purchased Non-performing Loans.

  • Credit loss forecasts for C&I and CRE portfolios are both composed of two separate processes: Credit losses on existing Nonperforming Loans (“NPL”) and credit losses stemming from loans not currently categorized as NPL.

  • Nonperforming Loans in the GCC Banking System and their Macroeconomic Effects.

  • Nonperforming Loans and Macrofinancial Vulnerabilities in Advanced Economies.


More Definitions of Nonperforming Loans

Nonperforming Loans means loans that are sixty (60) days or more past due, tagged as non-accrual, charged off, thirty (30) days or more past maturity, bankrupt, or foreclosed as of March 31, 2009.
Nonperforming Loans shall have the meaning attributed thereto in Section 8.4(d).
Nonperforming Loans means the sum of (a) nonaccrual loans and lease financing receivables (as determined by reference to the line item “loans accounted for on a non-accrual basis” under “Selected Financial Data” (Non-performing assets) in the Borrower’s most recent Form 10-Q or 10-K, as applicable) and (b) loans and lease financing receivables that are contractually past due 90 days or more as to interest or principal and are still accruing interest (as determined by reference to the line item “loans 90 days past due still accruing” under “Selected Financial Data” (Non-performing assets) in the Borrower’s most recent Form 10-Q or 10-K, as applicable).
Nonperforming Loans means the sum of all non-accrual loans, restructured loans and loans on which any payment is 90 or more days past due but which continue to accrue interest, and “Allowance for Loan Losses” shall mean the amount of such balance sheet account of Subsidiary Bank which, in all cases, shall be derived from the quarterly reports filed with the applicable primary federal regulator and shall be consistent with the financial information and reports contemplated in Section 6 hereof
Nonperforming Loans means a Third Party Loan which the Company has accelerated the maturity thereof or with respect to which the borrower is more than 90 days past due on a payment of principal or interest. Unless otherwise agreed to by the Majority Lenders and notice thereof, in the form of Exhibit I attached hereto, has been sent to the Company, a Third Party Loan which becomes a Nonperforming Loan shall continue as a Nonperforming Loan even if the borrower subsequently cures the payment default.
Nonperforming Loans means all loans, leases, other extensions of credit or commitments of ValliCorp and the ValliCorp Subsidiaries finally classified by ValliCorp, the ValliCorp Subsidiaries, any bank regulatory agency, or ValliCorp's independent auditors as "Doubtful," "Loss" or words of similar import in the case of loans (or that would have been so classified in the case of other interest-bearing assets which would be subject to a provision for loan and lease losses) or any loans or extensions of credit which are on nonaccrual or accruing and 90 days or more past due in the payment of principal or interest.
Nonperforming Loans means nonaccrual, formally restructured, other restructured and reduced rate and other high risk loans, as defined in this part.